13

I'm not a buy and hold forever guy. A good investment today might be a terrible investment 20 years from now. But I do make one exception: When I buy a stock and it doubles, I sell half (get my original investment back) and hold the remainder (which was essentially free) "forever". This pays off a lot more often than it hurts me. (And my biggest investing mistakes have probably been the times when I failed to follow this advice- before I formally committed myself to this approach). [more]

Recs

7

Prior to the first of this month, growth stocks were outperforming value, and small caps were outperforming large caps. Since then, both of these trends have reversed. You can check for yourself by comparing the performance of Vanguard Index Funds (MGK & MGV- Large cap growth and value funds respectively, VBK & VBR- Small cap growth and value funds). [more]